PACER INTERNATIONAL INC 4
4 · PACER INTERNATIONAL INC · Filed May 27, 2005
Insider Transaction Report
Form 4
Ruotsi Peter
Chief Commercial Officer, PGL
Transactions
- Exercise/Conversion
Common Stock
2005-05-26$10.00/sh+30,000$300,000→ 30,000 total - Sale
Common Stock
2005-05-26$23.48/sh−30,000$704,355→ 0 total - Exercise/Conversion
Option to Buy
2005-05-26$10.00/sh−30,000$300,000→ 30,000 totalExercise: $10.00Exp: 2005-10-24→ Common Stock (30,000 underlying)
Footnotes (1)
- [F1]The options were granted on October 25, 1999 and vest over a period of five to seven years as hereafter described. On each of the first five anniversaries of the grant date, 20% of the options are eligible for vesting as follows: if the optionee remains employed by registrant on such anniversary date, one third automatically vest and the remaining two thirds vest if certain performance targets are met. Any options that have not vested as previously described will automatically vest on the seventh anniversary of the grant date if the optionee remains so employed.